Qualified institutional placement

Qualifi Raises $4.5M in Oversubscribed Round of Growth Capital led by m]x[v Capital and Rally Ventures with a mission to transform High-Volume Hiring

Retrieved on: 
Wednesday, May 17, 2023
Techstars, Face, DeSean, General partnership, Friction, Automation, Acqui-hiring, Human resources, Capital, HR, CFO, Entrepreneurship, Growth, Commerce, Software, Nursing, Management, Qualified institutional placement

The financing round was co-led by m]x[v Capital and Rally Ventures.

Key Points: 
  • The financing round was co-led by m]x[v Capital and Rally Ventures.
  • In addition to lead investment by m]x[v Capital and Rally Ventures, this round had significant investment from Armory Square Ventures, Sixty8 Capital, Elevate Ventures, Techstars Fund, Converge Venture Partners, Debut Capital, and other notable angel investors.
  • "This round of funding allows us to further develop our technology to alleviate the pain points of hiring on recruiting teams globally.
  • "This round of funding will help fuel our next stage growth," says Keenan Jaenicke, Qualifi's VP of Product and Co-Founder.

Best’s Special Report: Declining Yields Leading to U.S. Property/Casualty Insurers Increasing Investments in Riskier Assets

Retrieved on: 
Wednesday, November 2, 2022
Professional Services, Insurance, Finance, Pressure, News, Data, Industry, AM Best, CLO, Insurance, Government, Risk management, CDO, GAAP, Qualified institutional placement, ALL, Security (finance), Investment

In its Bests Special Report, Declining Yields Leading to Investments in Riskier Assets, AM Best states that bonds remain the foundation of property/casualty insurers investment portfolios, but allocations have been declining.

Key Points: 
  • In its Bests Special Report, Declining Yields Leading to Investments in Riskier Assets, AM Best states that bonds remain the foundation of property/casualty insurers investment portfolios, but allocations have been declining.
  • In 2014, 62.2% of the industrys total invested assets were bonds; by 2021, this amount had decreased to 53.8%.
  • The report also notes that approximately 15% of the property/casualty industrys bond portfolio is maturing within the next year.
  • However, a shorter-term liability portfolio leads to a shorter-duration investment portfolio, limiting the impact to bond portfolios for property/casualty insurers.

Best’s Commentary: U.S. Insurers Have Minimal Investments in Insurance-Linked Securities and Catastrophe Bonds

Retrieved on: 
Tuesday, September 13, 2022
Professional Services, Insurance, Finance, Minimal, Pi bond, Growth, Investment, News, Industry, Qualified institutional placement, AM Best, Insurance, ALL, ILS, Financial services

In its Bests Commentary, U.S. Insurers Have Minimal Investments in Insurance-Linked Securities and Catastrophe Bonds, AM Best states that U.S. investments in the insurance-linked securities (ILS) and catastrophe bond market are highly concentrated, with just five companies accounting for 70% of industry investments.

Key Points: 
  • In its Bests Commentary, U.S. Insurers Have Minimal Investments in Insurance-Linked Securities and Catastrophe Bonds, AM Best states that U.S. investments in the insurance-linked securities (ILS) and catastrophe bond market are highly concentrated, with just five companies accounting for 70% of industry investments.
  • U.S. insurers hold approximately $850 million of the roughly $33 billion outstanding catastrophe bonds, despite the generally higher returns these bonds offer, given insurers continual search for yield and the low correlation of the asset class with the broader capital markets, which provides diversification.
  • The minimal exposure also comes as catastrophe bond issuance has reached record levels.
  • However, the global ILS market remains saddled with prior catastrophe losses, and the overall performance of ILS funds deteriorated despite another year of record catastrophe bond issuance.

PLFF d/b/a KLMKH Inc Announces Lead Investor and Digital Token Development with Turvata Holdings Limited

Retrieved on: 
Wednesday, October 27, 2021
Eye, Acquisition, CUSIP, Property, OTC, Company, Investment, Goal, Qualified institutional placement, Cryptocurrency

MATTHEWS, N.C., Oct. 27, 2021 /PRNewswire/ --ORPHEUM Property, Inc. d/b/a KLMKH Inc (OTC: PLFF)(the "Company") today announced that the Company has entered into an agreement with Turvata Holdings Limited as a lead investor for the recently issued 144a Convertible Digital Token Notes (CUSIP 687311AA8).

Key Points: 
  • MATTHEWS, N.C., Oct. 27, 2021 /PRNewswire/ --ORPHEUM Property, Inc. d/b/a KLMKH Inc (OTC: PLFF)(the "Company") today announced that the Company has entered into an agreement with Turvata Holdings Limited as a lead investor for the recently issued 144a Convertible Digital Token Notes (CUSIP 687311AA8).
  • The Company can accept most major digital tokens as payments, as well as traditional payment methods.
  • KLMKH, Inc. is a diversified energy company focused on the oil, gas, and solar industries.
  • Based in Dubai UAE, and with investments and holdings globally, Turvata Holdings Limited is excited to partner with progressive and innovative companies like KLMKH as they focus on the green energy sector.

Holding(s) in Company

Retrieved on: 
Wednesday, March 10, 2021
Stock market, Finance, Financial economics, Money, Equity securities, Corporate finance, Financial markets, Security, Issuer, Stock, Qualified institutional placement, Indirect holding system

Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.

Key Points: 

Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Holding(s) in Company

Retrieved on: 
Tuesday, March 9, 2021
Stock market, Finance, Financial economics, Money, Equity securities, Corporate finance, Financial markets, Security, Issuer, Stock, Qualified institutional placement, Indirect holding system

Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.

Key Points: 

Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Progenity Announces $25 Million Private Placement

Retrieved on: 
Tuesday, February 23, 2021
Finance, Stock market, Private Securities Litigation Reform Act, Economy, Private placement, Security, Forward-looking statement, Corporate finance, Qualified institutional placement, SEC Rule 10b-5

Pursuant to the terms of the securities purchase agreement, at the closing of the private placement, Progenity will issue units representing an aggregate of 4,370,629 million shares of common stock and warrants to purchase an aggregate of 4,370,629 million shares of common stock.

Key Points: 
  • Pursuant to the terms of the securities purchase agreement, at the closing of the private placement, Progenity will issue units representing an aggregate of 4,370,629 million shares of common stock and warrants to purchase an aggregate of 4,370,629 million shares of common stock.
  • Additional details regarding the private placement will be included in a Form 8-K to be filed by Progenity with the Securities and Exchange Commission (SEC).
  • All statements, other than statements of historical facts included in this press release, including, but not limited to, Progenitys expectations regarding the completion of the private placement, the satisfaction of customary closing conditions related to the private placement and the expected receipt of proceeds from the private placement, are forward-looking statements.
  • Progenity claims the protection of the Safe Harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements.

IQHQ Completes Second Equity Raise of $1.7 Billion

Retrieved on: 
Thursday, November 19, 2020
Commercial Building & Real Estate, Construction & Property, Finance, Public relations, Investor relations, Urban planning, REIT, Communications, Professional services, General Health, Health, Finance, Money, Financial markets, Stock market, SEC Rule 144A, Qualified institutional buyer, Security, Private equity, Corporate finance, Investment, Qualified institutional placement

IQHQ , Inc., a premier life sciences real estate development company, announced that it has successfully completed a second $1.7 billion equity raise from new and existing strategic partners.

Key Points: 
  • IQHQ , Inc., a premier life sciences real estate development company, announced that it has successfully completed a second $1.7 billion equity raise from new and existing strategic partners.
  • The raise includes a private placement financing to qualified institutional buyers under Rule 144A of the Securities Act of 1933 and project specific equity investments.
  • This $1.7 billion raise comes just nine months after IQHQs successful completion of a $770 million initial capital raise.
  • IQHQ empowers the life science community to thrive and succeed by creating and developing environments that inspire progress and give innovation a home to grow.

Novocure Announces Proposed Private Placement of $500 Million of Convertible Senior Notes

Retrieved on: 
Monday, November 2, 2020
Research, Medical devices, Other Health, Biotechnology, Radiology, Pharmaceutical, Health, Science, Oncology, Other Science, Financial markets, Stock market, Finance, SEC Rule 144A, Security, Securities Act, Qualified institutional buyer, Convertible security, Corporate finance, Qualified institutional placement

Novocure (NASDAQ: NVCR), a global oncology company striving to extend survival in some of the most aggressive forms of cancer, today announced its intention to offer $500 million aggregate principal amount of Convertible Senior Notes due 2025 (the notes).

Key Points: 
  • Novocure (NASDAQ: NVCR), a global oncology company striving to extend survival in some of the most aggressive forms of cancer, today announced its intention to offer $500 million aggregate principal amount of Convertible Senior Notes due 2025 (the notes).
  • The notes will be offered in a private placement (the offering) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act).
  • The notes will be senior unsecured obligations of Novocure and will accrue interest payable semiannually in arrears.
  • The notes will be convertible into cash, Novocures ordinary shares, or a combination of cash and Novocures ordinary shares at Novocures election.

Dave & Buster’s Announces Proposed Private Offering of $500 Million of Senior Secured Notes Due 2025 by its Subsidiary Dave & Buster’s, Inc.

Retrieved on: 
Monday, October 19, 2020
Financial markets, Stock market, 73rd United States Congress, U.S. Securities and Exchange Commission, Financial regulation, SEC Rule 144A, Securities Act, Security, Qualified institutional buyer, Securities regulation in the United States, Qualified institutional placement, Asset-backed security

This amount would be in excess of a $150 million minimum liquidity covenant under the Companys Revolving Credit Facility.

Key Points: 
  • This amount would be in excess of a $150 million minimum liquidity covenant under the Companys Revolving Credit Facility.
  • The Notes will be offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act and to non-U.S.
  • The Notes will not be registered under the Securities Act or any state securities laws.
  • Any offering of securities will be made only by means of the confidential offering memorandum.